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Lithia Motors Inc V.LAD


Primary Symbol: LAD

Lithia Motors, Inc. is a global automotive retailer. The Company is engaged in providing an array of products and services throughout the vehicle ownership lifecycle. The Company offers convenient experiences through its comprehensive network of physical locations, e-commerce platforms, captive finance solutions and other synergistic adjacencies. The Company operates through two segments: Vehicle Operations and Financing Operations. Its Vehicle Operations consist of all aspects of its auto merchandising and service operations, including its retail automotive, recreational vehicles, and motorcycle franchises that sell new vehicles, used vehicles, parts, repair and maintenance services, and vehicle finance and insurance products. Its Financing Operations segment provides financing to customers buying and leasing retail vehicles from its Vehicle Operations. The Company operates approximately 473 locations representing 52 brands across the United States, United Kingdom, and Canada.


NYSE:LAD - Post by User

Bullboard Posts
Comment by MurrayMacon Feb 06, 2016 5:45pm
107 Views
Post# 24532371

RE:RE:RE:Private Placement Oversubscribed

RE:RE:RE:Private Placement Oversubscribed
higherhighs wrote: Are you really going to play that stupid murraycrack, here is the two news releases this week. See if you can spot the difference in the amount of private placement . Also the deal in 2008 was for 10% and now they are going to acquire 100%.....



I can see that you use the term "amended" as oversubscribed. 'Amended', as in they added a drill services contract to the placement, along with a debt settlement and yes, they increased the available number of FT and NFT shares. But no mention of any of it being filled......just available for offer. 


As for your 10% in 2008 and now acquiring 100%?

Sorry Mr. Highs, I never stated how much they acquired or were acquiring in 2008. Only that the length of this process was quite substantial, and during the best gold development/producing era ever. 

But I'm afraid you are now providing erroneous material to the board.....in that, New Carolin entered into a binding deal in 2011 for 100% ownership in the Ladner gold project, but unfortunately, have defaulted on that agreement numerous times. I provide the following for your viewing and correction [taken from the July 31, 2015 financial statements......


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Bullboard Posts